Facebook Inc FB Head & Shoulders Cypher HH and HLFacebook for weeks now has been creating higher highs and higher lows in the strong uptrend. Being bullish on this stock we would look to get in with the bulls.
Lets look at the daily time frame.
Here we see a beautiful head and shoulders formation. Once it hits the neckline Price would reach around $98.
Adding confluence there is also a bullish cypher formation which may possible form. Buying at the price range $92 - $97 would be a wonderful spot to get in on the trend.
Bullish Cypher
Potential Bullish Cypher Pattern GBPJPYHello Traders,
We have a potential Cypher Pattern that will complete if price reaches 134.56
This provides the opportunity to go long on this pair.
Target 1 @ 136.26
Target 2 @ 137.30
Please not that the risk to reward is skewed with stops @ 132.62. But you could potentially wait for a better entry.
Feel free to follow, like, share and comment
-Michael
Instagram @KashMarkets
GBPJPY - Bullish Cypher +++ Don't forget to LIKE & Follow+++Apparently I have a lot on my radar - here is another potential Advanced Pattern play - Bullish Cypher on 15M, GBPJPY.
Entry @ 135.91
Stop @ 135.57
Initial Target 1 @ 136.20
Initial Target 2 @ 136.39
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
EURUSD - Bullish Cypher+++ Don't forget to LIKE & Follow+++Market is setting a potential Bullish Cypher Formation here on 1H, EURUSD.
It's not a surprise for seeing an advanced pattern simply because price is in sideways move.
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
GBPJPY - Bullish Cyper+++ Don't forget to LIKE & Follow+++There is a potential Bullish Cypher Formation on 1H, GBPJPY.
Please be advised that stops are almost 200 pips - if it is too much for you look for an alternative reason for entering. Targets are as usual conventional, since it is a counter trend opportunity.
Entry @ 134.50
Stop @ 132.62
Initial Target 1 @ 136.22
Initial Target 2 @ 137.28
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
EURUSD - Bullish Cypher+++ Don't forget to LIKE & Follow+++
Market is setting a potential Bullish Cypher Formation on 1H, EURUSD.
Entry @ 1.1009
Stop @ 1.0969
Initial Target 1 @ 1.1065
Initial Target 2 @ 1.1099
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
USDJPY - Bullish Cypher+++ Don't forget to LIKE & Follow+++I have my eyes on a potential Bullish Cypher Formation that is aligned with the underling bullish trend on 15M.
I will use the Cypher as an entry reason for hopping on that trend.
My 1st target will be 0.382% and 2nd will be a retest of the NSH (A's leg). Stops as usual beyond X, and X being a current structure level (correction move ended there) - so my stops will be not only beyond X but beyond, but they will be beyond current structure level - securing my Trend Continuation Opportunity.
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
GBPUSD - Bullish Cypher+++ Don't forget to LIKE & Follow+++A lot on my radar today - I've spotted a potential Bullish Cypher Formation on 1H, GBPUSD.
Check your trading plan, because stops will be more than 100 pips.
Targets as usual are conventional, because this is a counter trend opportunity.
Entry @ 1.3205
Stop @ 1.3064
Initial Target 1 @ 1.3304
Initial Target 2 @ 1.3407
Good Luck!
Profesional Currency Trader & Owner of - www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
EURJPY - Bullish CypherPrice failed to make a positive test and closing above previous structure level on EURJPY 1H. By doing this price is setting a potential Bullish Cypher Formation - this will be nice counter trend trading opportunity.
Entry @ 116.28
Stop @ 115.03
Initial Target 1 @ 117.37
Initial target 2 @ 118.05
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
USDJPY - Bullish Cypher+++ Don't forget to LIKE & Follow+++I'm looking at a potential counter trend move - Bullish Cypher Formation on 15M, USDJPY.
Our entry is right @ previous minor structure - so you can use the Cypher as entry reason.
Entry @ 103.97
Stop @ 103.61
Initial Target 1 @ 104.29
Initial target 2 @ 104.49
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.